Quirk leaving Milford role

He will remain a non-executive director and shareholder of Milford.

“I have reached an age and stage in my career where I am looking to change my focus from an executive position, to a portfolio of interests including board and other non-executive roles,” Quirk said.

“The timing is optimal for both me and the company, with Milford being in a very sound position with real momentum in the business. This is reflected in recent achievements such as:  A strong share of investment industry inflows, as recently confirmed for the December 2015 quarter, the successful implementation of the market-leading Charles River investment portfolio management system, and the 2016 Morningstar KiwiSaver Fund Manager of the Year Award, won for the third time last month.”

Quirk said the company had recently confirmed a set of strategic objectives that would require a commitment of at least five years.